The Federal Government is offering two new Savings Bonds through the Debt Management Office.
A statement by the DMO listed the first one as a two-year bond that pays 17.23% interest each year and ends in January 2027.
The second is a three-year bond that pays 18.23% interest each year and ends in January 2028.
Bonds are very safe investments because they are backed by the Federal Government, which promises to pay back the money.
According to the DMO, people can buy these bonds starting January 13, 2025, until January 17, 2025.